Scape Goating the AIG Bonuses

Scape Goating the AIG Bonuses

The Obama Administration has a short term victory with the AIG Bonus scape goating, but now it seems to have backfired.

People now know the Obama Administration, particularly Dodd and Geikner knew all about the bonuses, long before they were to be paid.

The Obama Administration needs a scape goat because they need to draw attention away from the CRA, a socialistic program that was started by democrats as part of the many failed black equality programs that democrats have started.

The banks, Fannie Mae, Freedie Mac, financial institutions and insurance companies were over extended with too much credit on the books, the same as most Americas were over extended on credit card debt, but nothing would have happened if there had not been defaults on the sub prime mortgages that were created by the Community Reinvestment Act.

The Obama Administration needs a scape goat to draw attention away from black equality programs because the health care (Universal Healthcare)/welfare programs that are being advocated are just more black equality programs that will also fail.

Now I ask you which is worse, the few at AIG that stole a lot, or the many sub prime loans that stole a little each.